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The Wall Street Journal Market Watch

TreeHouse Foods to Acquire Flagstone Foods for $860 million

Published: June 30, 2014

OAKBROOK, Ill., June 30, 2014 /PRNewswire/ -- TreeHouse Foods, Inc. THS today announced that it will acquire Flagstone Foods, the leading provider of private label healthy snacks, one of the fastest growing on-trend categories in the food industry. TreeHouse has agreed to pay Gryphon Investors and other shareholders $860 million in cash for the business, subject to an adjustment for working capital.